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Sold for $1,300,000
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  • $1,300,000

    75-228 Aloha Kona Dr, Kailua Kona, HI 96740

    6beds
    2,426sqft
    Single Family Residence
    Built in 2008
    7,500 Square Feet Lot
    $1,335,000 Zestimate®
    $536/sqft
    $5,218 Estimated rent

    Home value

    $1,335,000

    $1.23M - $1.46M

    $5,218/mo

    Zestimate® history
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    What's special

    Welcome to the vibrant heart of Kailua-Kona, just moments from Alii Drive. This property boasts six units, seven parking spaces, a large storage, two lanais, lush landscaping, and is enveloped by a captivating lava rock wall. The home is in a residential community with great ocean views! Situated within a residential community, it provides the best of both worlds: a peaceful haven to call home combined with breathtaking ocean views and long-term rental income. Each unit is separately rented out month to month and can offer you many endless possibilities. Maybe you can rent to traveling nurses or provide long-term rentals to residences... Many opportunities are possible with this home! The six renters enjoy the convenience of a separate laundry area, ample storage space, and an inviting backyard lanai created for BBQs and outdoor gatherings. Plus, a spacious parking lot which can easily accommodate up to 7 cars. The lush landscape provides privacy and fresh fruit to enjoy. Some of the fruit trees are Mango, Logan, Grapefruit, Dragonfruit, Kaffier Lime,and more! The home was built in 2008 with a cement & post & pier foundation. The home has leased solar with Sunrun (8 years lease to pass to the buyer) and has 46 solar panels installed in 2015 with a HELCO net metering agreement to keep electric bills low! Please view the matterport, floor plan, and photos to get a better understanding of the home. We also have a pre-home inspection for your convenience. Currently, four of the six units are rented month to month and the tenants would like to stay.

    Zillow last checked:

    Listing updated:

    Listed by:

    Leeana Runningbear 8087855581,

    Hawaii Life

    Bought with:

    Terri A Walker, RS-56680

    eXp Realty

    Source: Hawaii Information Service,MLS#: 670266MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • None
    Cooling
    • None
    Appliances
    • Included: Disposal, Dryer, Indoor Grill, Microwave Hood, Range, Refrigerator, Washer
    Features
    • Flooring: Ceramic Tile
    • Windows: Blinds
    • Has fireplace: No
    Interior area
    • Total structure area: 2,426
    • Total interior livable area: 2,426 sqft

    Property

    Parking
    • Parking features: Other
    Features
    • Levels: Two
    • Fencing: Stone
    • Has view: Yes
    • View description: Mountain(s), Ocean, Ocean Horizon, Sunrise, Sunset
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 7,500 Square Feet
    Details
    • Parcel number: 3750230160000
    • Zoning: A-5A
    • Special conditions: Fee Simple,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 2008

    Utilities & green energy

    • Sewer: Cesspool
    • Utilities for property: Cable Available, Electricity Available, Phone Available

    Community & HOA

    Community
    • Security: None
    • Subdivision: ALOHA KONA SUBDIVISION
    Location
    • Region: Kailua Kona

    Financial & listing details

    • Price per square foot: $536/sqft
    • Tax assessed value: $882,700
    • Annual tax amount: $9,189
    • Date on market: 7/19/2023
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Ownership: Full
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/13/2024Sold$1,300,000-6.8%$536/sqft
    Source: Hawaii Information Service #670266 Report a problem
    7/19/2023Listed for sale$1,395,000+563.3%$575/sqft
    Source: Hawaii Information Service #670266 Report a problem
    2/11/2005Sold$210,300$87/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $992,300 +6.7%
    2024$10,324 +5.4%$930,100 +5.4%
    2023$9,798 +6.6%$882,700 +6.6%
    2022$9,190 +15.5%$827,900 +15.5%
    2021$7,960 +3.8%$717,100 +3.8%
    2020$7,671 +9.9%$691,100 +9.9%
    2019$6,980 +6.2%$628,800 +3.4%
    2018$6,572 $607,900 +2.7%
    2017-- $592,100 +4.8%
    2016-- $564,800 +15.2%
    2015-- $490,300 +0.8%
    2014-- $486,600
    Find assessor info on the county website

    Neighborhood: 96740

    Nearby schools

    GreatSchools rating
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    $1,335,000
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    With Zillow Showcase(estimated)
    $1,361,700